WED 8/5: CNP – Fell Below Its 200 DMA After Triggering 3 Sell Signal Recently – Will Be Removed From Coverage

8:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/4: CNP – Any Further Declines Would Be Another Sell Signal

8:55 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/3: CNP – A Break of the 200 DMA at $41.10 Would Be a Sell Signal

8:55 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 7/31: CNP – Welcome Quieter Trading Two Days of Selling – Support at the 200 DMA ($41.09)

7:55 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 7/30: CNP – Called a Third and Final Sell Signal This Morning -5.5%

7:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 7/30: CNP – CALLING A 3RD SELL SIGNAL @ $42.13 -5.5%

11:06 AM – Calling a 3RD and FINAL SELL SIGNAL this morning after shares briefly reclaimed the 50 DMA yesterday but have now clearly lost that support. As noted yesterday, any further decline below this key level would represent an additional technical violation and trigger the final exit.

ULTRA Trader’s Tip: Failed Recoveries Often Confirm Weakness

• Reclaiming the 50 DMA is only constructive if the stock can hold above it.

• A quick reversal back below major support signals that the recovery attempt has failed.

• Completing the exit after a failed recovery helps prevent a manageable loss from becoming more damaging.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 7/29: CNP – Did Close Slightly Below Its 50 DMA On Earnings – Any Further Declines Would Be A Sell Signal

8:35 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 7/28: CNP – Announced Earnings – Still Needs to Close Above Resistance at $45.00

8:35 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 7/27: CNP – Reports Earnings Tomorrow After the Close

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 7/24: CNP – Continues Its Lower-Volume Climb Into Resistance of $45 – Earnings Next Week

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 7/23: CNP – Gains Today Showing a Possible Break Out of the Current Downtrend – Resistance Ahead at the Round-$45

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 7/22: CNP – Solid Gains Today Yet Volume Lighter as Price Remains in a Downtrend

9:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 7/21: CNP – Remains Under Its 50 DMA of $42.90

9:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 7/20: CNP – Triggering a 2nd Sell Signal Due to Continued Technical Weakness -4.5%

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 7/20: CNP – CALLING A 2ND SELL SIGNAL @ $42.58 -4.5%

3:32 PM – Calling a 2ND SELL SIGNAL here due to continued technical weakness. The 10 DMA has clearly become resistance, with shares once again being turned back at that level. In addition, the 10 DMA has rolled over, indicating that a short-term downtrend is beginning to develop. A decisive break below the 50 DMA, currently at $42.89, would trigger a 3RD and FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Ongoing Technical Weakness Matters

  • Technical weakness is often a process, not a single event.

  • A stock that continues to show signs of deterioration—even without a major breakdown—is sending an important message.

  • Repeated bearish technical behavior should be respected, as ongoing weakness is itself a valid SELL SIGNAL.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

FRI 7/17: CNP – Continues Making Lower Highs – Not Good

9:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 7/16: CNP -Makes Gains From the 50 DMA – Still Needs to Clear the 10 DMA at $43.80

11:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 7/15: CNP – Any Further Declines Would Be a 2nd Sell Signal

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 7/14: CNP – Lost Its Morning Gains – Making Lower Highs – Watching the 50 DMA Support at $42.87

9:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 7/13: CNP – Needs to Close Above the Round-$45.00

9:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 7/10: CNP – A Break Below the 50 DMA at $42.84 Would Be the 2nd Sell Signal

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 7/9: CNP – Broke Below Our Noted Support – Triggered a 1st Sell Signal -2.8%

10:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 7/8: CNP – Remains in Its Current Short-Term Uptrend

9:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 7/7: CNP – The Round-$45 Continues to Act as Resistance

10:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 7/6: CNP – Needs to Break Out Over the Round-$45

8:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 7/2: CNP – Posts Volume-Backed Gains From the 10 DMA – Always a Good Sign

9:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 7/1: CNP – Any Further Declines Would Be a Sell Signal

11:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 6/30: CNP – A Break of the 10 DMA at $43.74 Would Be a Sell Signal

10:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 6/29: CNP – Closed Lower Watching Support Near $44.00

9:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 6/26: CNP – Post a Solid Buyable Breakout – Closed at Highs – Volume +143%

9:50 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.